Here's What Each State is Paying in Property Taxes This Year
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Property taxes are a vital source of income for city, county, and state governments. The revenue goes toward schools, infrastructure projects, city and state employee salaries, and they may even pay for local fire, police, and EMT services. Property taxes aren’t cheap, but some states have it easier than others. WalletHub compiled data from the US Census Bureau and analyzed all 50 states and the District of Columbia in terms of real estate and vehicle property taxes.
The amount you pay in property taxes can vary greatly on where you live. How does your state rank on property taxes?
Hawaii
State Median Home Value: $615,300
Effective Real-Estate Tax Rate: 0.28%
Annual Taxes on Home Priced at State Median Value: $1,715
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Alabama
State Median Home Value: $142,700
Effective Real-Estate Tax Rate: 0.41%
Annual Taxes on Home Priced at State Median Value: $587
Effective Vehicle Tax Rate: 0.69%
Annual Taxes on $25k Car: $172
Colorado
State Median Home Value: $343,300
Effective Real-Estate Tax Rate: 0.51%
Annual Taxes on Home Priced at State Median Value: $1,756
Effective Vehicle Tax Rate: 1.79%
Annual Taxes on $25k Car: $446
Louisiana
State Median Home Value: $163,100
Effective Real-Estate Tax Rate: 0.55%
Annual Taxes on Home Priced at State Median Value: $890
Effective Vehicle Tax Rate: 0.10%
Annual Taxes on $25k Car: $25
District of Columbia
State Median Home Value: $601,500
Effective Real-Estate Tax Rate: 0.56%
Annual Taxes on Home Priced at State Median Value: $3,378
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Delaware
State Median Home Value: $251,100
Effective Real-Estate Tax Rate: 0.57%
Annual Taxes on Home Priced at State Median Value: $1,431
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
South Carolina
State Median Home Value: $162,300
Effective Real-Estate Tax Rate: 0.57%
Annual Taxes on Home Priced at State Median Value: $924
Effective Vehicle Tax Rate: 2.38%
Annual Taxes on $25k Car: $593
West Virginia
State Median Home Value: $119,600
Effective Real-Estate Tax Rate: 0.58%
Annual Taxes on Home Priced at State Median Value: $698
Effective Vehicle Tax Rate: 1.66%
Annual Taxes on $25k Car: $416
Wyoming
State Median Home Value: $220,500
Effective Real-Estate Tax Rate: 0.61%
Annual Taxes on Home Priced at State Median Value: $1,337
Effective Vehicle Tax Rate: 1.80%
Annual Taxes on $25k Car: $449
Arkansas
State Median Home Value: $127,800
Effective Real-Estate Tax Rate: 0.62%
Annual Taxes on Home Priced at State Median Value: $798
Effective Vehicle Tax Rate: 1.01%
Annual Taxes on $25k Car: $253
Nevada
State Median Home Value: $267,900
Effective Real-Estate Tax Rate: 0.6%
Annual Taxes on Home Priced at State Median Value: $1,614
Effective Vehicle Tax Rate: 1.80%
Annual Taxes on $25k Car: $449
Utah
State Median Home Value: $279,100
Effective Real-Estate Tax Rate: 0.63%
Annual Taxes on Home Priced at State Median Value: $1,748
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Arizona
State Median Home Value: $225,500
Effective Real-Estate Tax Rate: 0.66%
Annual Taxes on Home Priced at State Median Value: $1,499
Effective Vehicle Tax Rate: 1.68%
Annual Taxes on $25k Car: $419
Idaho
State Median Home Value: $212,300
Effective Real-Estate Tax Rate: 0.69%
Annual Taxes on Home Priced at State Median Value: $1,456
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Tennessee
State Median Home Value: $167,200
Effective Real-Estate Tax Rate: 0.71%
Annual Taxes on Home Priced at State Median Value: $1,190
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
California
State Median Home Value: $505,000
Effective Real-Estate Tax Rate: 0.76%
Annual Taxes on Home Priced at State Median Value: $3,818
Effective Vehicle Tax Rate: 0.65%
Annual Taxes on $25k Car: $162
New Mexico
State Median Home Value: $171,400
Effective Real-Estate Tax Rate: 0.8%
Annual Taxes on Home Priced at State Median Value: $1,371
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Virginia
State Median Home Value: $273,100
Effective Real-Estate Tax Rate: 0.82%
Annual Taxes on Home Priced at State Median Value: $2,234
Effective Vehicle Tax Rate: 4.05%
Annual Taxes on $25k Car: $1,012
Mississippi
State Median Home Value: $119,000
Effective Real-Estate Tax Rate: 0.81%
Annual Taxes on Home Priced at State Median Value: $958
Effective Vehicle Tax Rate: 3.50%
Annual Taxes on $25k Car: $875
Montana
State Median Home Value: $230,600
Effective Real-Estate Tax Rate: 0.84%
Annual Taxes on Home Priced at State Median Value: $1,928
Effective Vehicle Tax Rate: 1.25%
Annual Taxes on $25k Car: $311
North Carolina
State Median Home Value: $172,500
Effective Real-Estate Tax Rate: 0.84%
Annual Taxes on Home Priced at State Median Value: $1,454
Effective Vehicle Tax Rate: 1.21%
Annual Taxes on $25k Car: $302
Kentucky
State Median Home Value: $141,000
Effective Real-Estate Tax Rate: 0.86%
Annual Taxes on Home Priced at State Median Value: $1,210
Effective Vehicle Tax Rate: 1.45%
Annual Taxes on $25k Car: $361
Indiana
State Median Home Value: $141,700
Effective Real-Estate Tax Rate: 0.85%
Annual Taxes on Home Priced at State Median Value: $1,207
Effective Vehicle Tax Rate: 1.20%
Annual Taxes on $25k Car: $300
Oklahoma
State Median Home Value: $136,800
Effective Real-Estate Tax Rate: 0.90%
Annual Taxes on Home Priced at State Median Value: $1,228
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Georgia
State Median Home Value: $176,000
Effective Real-Estate Tax Rate: 0.92%
Annual Taxes on Home Priced at State Median Value: $1,623
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Florida
State Median Home Value: $215,300
Effective Real-Estate Tax Rate: 0.89%
Annual Taxes on Home Priced at State Median Value: $1,914
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Missouri
State Median Home Value: $157,200
Effective Real-Estate Tax Rate: 0.97%
Annual Taxes on Home Priced at State Median Value: $1,526
Effective Vehicle Tax Rate: 2.63%
Annual Taxes on $25k Car: $656
North Dakota
State Median Home Value: $193,900
Effective Real-Estate Tax Rate: 0.98%
Annual Taxes on Home Priced at State Median Value: $1,906
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Washington
State Median Home Value: $339,000
Effective Real-Estate Tax Rate: 0.98%
Annual Taxes on Home Priced at State Median Value: $3,326
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Oregon
State Median Home Value: $312,200
Effective Real-Estate Tax Rate: 0.97%
Annual Taxes on Home Priced at State Median Value: $3,037
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Maryland
State Median Home Value: $314,800
Effective Real-Estate Tax Rate: 1.09%
Annual Taxes on Home Priced at State Median Value: $3,430
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Minnesota
State Median Home Value: $223,900
Effective Real-Estate Tax Rate: 1.12%
Annual Taxes on Home Priced at State Median Value: $2,500
Effective Vehicle Tax Rate: 1.29%
Annual Taxes on $25k Car: $321
Alaska
State Median Home Value: $270,400
Effective Real-Estate Tax Rate: 1.19%
Annual Taxes on Home Priced at State Median Value: $3,231
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Massachusetts
State Median Home Value: $381,600
Effective Real-Estate Tax Rate: 1.23%
Annual Taxes on Home Priced at State Median Value: $4,679
Effective Vehicle Tax Rate: 2.25%
Annual Taxes on $25k Car: $562
South Dakota
State Median Home Value: $167,100
Effective Real-Estate Tax Rate: 1.31%
Annual Taxes on Home Priced at State Median Value: $2,195
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Maine
State Median Home Value: $190,400
Effective Real-Estate Tax Rate: 1.36%
Annual Taxes on Home Priced at State Median Value: $2,585
Effective Vehicle Tax Rate: 2.40%
Annual Taxes on $25k Car: $599
Kansas
State Median Home Value: $151,900
Effective Real-Estate Tax Rate: 1.41%
Annual Taxes on Home Priced at State Median Value: $2,137
Effective Vehicle Tax Rate: 1.94%
Annual Taxes on $25k Car: $486
Iowa
State Median Home Value: $147,800
Effective Real-Estate Tax Rate: 1.56%
Annual Taxes on Home Priced at State Median Value: $2,315
Effective Vehicle Tax Rate: 1.00%
Annual Taxes on $25k Car: $250
Michigan
State Median Home Value: $154,900
Effective Real-Estate Tax Rate: 1.54%
Annual Taxes on Home Priced at State Median Value: $2,381
Effective Vehicle Tax Rate: 0.59%
Annual Taxes on $25k Car: $148
Ohio
State Median Home Value: $145,700
Effective Real-Estate Tax Rate: 1.56%
Annual Taxes on Home Priced at State Median Value: $2,271
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Pennsylvania
State Median Home Value: $180,200
Effective Real-Estate Tax Rate: 1.58%
Annual Taxes on Home Priced at State Median Value: $2,852
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Rhode Island
State Median Home Value: $261,900
Effective Real-Estate Tax Rate: 1.63%
Annual Taxes on Home Priced at State Median Value: $4,272
Effective Vehicle Tax Rate: 3.44%
Annual Taxes on $25k Car: $859
New York
State Median Home Value: $313,700
Effective Real-Estate Tax Rate: 1.72%
Annual Taxes on Home Priced at State Median Value: $5,407
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Nebraska
State Median Home Value: $155,800
Effective Real-Estate Tax Rate: 1.73%
Annual Taxes on Home Priced at State Median Value: $2,689
Effective Vehicle Tax Rate: 1.59%
Annual Taxes on $25k Car: $398
Texas
State Median Home Value: $172,500
Effective Real-Estate Tax Rate: 1.8%
Annual Taxes on Home Priced at State Median Value: $3,099
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Vermont
State Median Home Value: $227,700
Effective Real-Estate Tax Rate: 1.9%
Annual Taxes on Home Priced at State Median Value: $4,329
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Wisconsin
State Median Home Value: $180,600
Effective Real-Estate Tax Rate: 1.85%
Annual Taxes on Home Priced at State Median Value: $3,344
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Connecticut
State Median Home Value: $275,400
Effective Real-Estate Tax Rate: 2.14%
Annual Taxes on Home Priced at State Median Value: $5,898
Effective Vehicle Tax Rate: 2.61%
Annual Taxes on $25k Car: $651
New Hampshire
State Median Home Value: $261,700
Effective Real-Estate Tax Rate: 2.18%
Annual Taxes on Home Priced at State Median Value: $5,701
Effective Vehicle Tax Rate: 1.80%
Annual Taxes on $25k Car: $449
Illinois
State Median Home Value: $194,500
Effective Real-Estate Tax Rate: 2.27%
Annual Taxes on Home Priced at State Median Value: $4,419
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
New Jersey
State Median Home Value: $335,600
Effective Real-Estate Tax Rate: 2.49%
Annual Taxes on Home Priced at State Median Value: $8,362
Effective Vehicle Tax Rate: 0.00%
Annual Taxes on $25k Car: $0
Author
Alot Finance Team
Last Updated: March 19, 2021
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